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Article | Client Advisory

Workforce rewards and executive compensation – Fall 2019

Compensation Strategy & Design|Executive Compensation

October 15, 2019

Recent developments in workforce rewards, pay/employment equity, corp. diversity and governance, say-on-pay, wage gap, regulatory compliance

Various workforce rewards and executive compensation developments have occurred since the publication of our last Client Advisory. Key items of interest include:

Workforce Rewards and Pay Equity:

  • Federal consultations on modernizing labour standards
  • Federal consultations on changes to the Wage Earner Protection Program
  • British Columbia passes Employment Standards Act and Labour Relations Code reforms
  • Minimum wage developments

Corporate Governance and Regulatory Compliance:

  • Say-on-pay vote results
  • Federal budget bill receives Royal Assent: Various reforms in force or pending
  • Draft amendments to the federal Employment Equity Regulations
  • Federal corporate diversity disclosure amendments, effective January 1, 2020
  • Proposed Income Tax Act amendments on employee stock options
  • CSA review of disclosure regarding women on boards and in executive officer positions
  • Board diversity in British Columbia
  • Promoting participation of women on boards
  • U.K. government report on executive rewards
  • Gender wage gap in the U.S.
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